Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Purchased by FC Advisory LLC

FC Advisory LLC boosted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 108.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 296,508 shares of the company’s stock after purchasing an additional 154,571 shares during the period. Schwab U.S. TIPS ETF makes up 2.6% of FC Advisory LLC’s portfolio, making the stock its 13th biggest position. FC Advisory LLC’s holdings in Schwab U.S. TIPS ETF were worth $7,659,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of SCHP. Wilmington Savings Fund Society FSB bought a new position in Schwab U.S. TIPS ETF during the 3rd quarter valued at $483,000. TPG Advisors LLC acquired a new stake in Schwab U.S. TIPS ETF during the second quarter valued at approximately $277,000. Full Sail Capital LLC lifted its holdings in Schwab U.S. TIPS ETF by 6.3% during the 2nd quarter. Full Sail Capital LLC now owns 660,753 shares of the company’s stock worth $34,366,000 after buying an additional 38,984 shares during the last quarter. Marshall Financial Group Inc. ADV grew its position in shares of Schwab U.S. TIPS ETF by 0.7% in the 2nd quarter. Marshall Financial Group Inc. ADV now owns 399,730 shares of the company’s stock worth $20,790,000 after acquiring an additional 2,809 shares in the last quarter. Finally, HCR Wealth Advisors increased its holdings in shares of Schwab U.S. TIPS ETF by 1.9% in the 2nd quarter. HCR Wealth Advisors now owns 118,640 shares of the company’s stock valued at $6,170,000 after acquiring an additional 2,187 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

SCHP traded down $0.05 during trading hours on Tuesday, hitting $25.73. 1,659,381 shares of the stock were exchanged, compared to its average volume of 3,083,603. The stock has a 50-day simple moving average of $26.13 and a 200-day simple moving average of $26.31. Schwab U.S. TIPS ETF has a 12 month low of $25.46 and a 12 month high of $26.96.

Schwab U.S. TIPS ETF Profile

The Schwab U.S. TIPS ETF (SCHP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US Treasury inflation-protected securities with at least one year remaining in maturity. SCHP was launched on Aug 5, 2010 and is managed by Charles Schwab.